NVCR vs. GLW
Compare and contrast key facts about NovoCure Limited (NVCR) and Corning Incorporated (GLW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVCR or GLW.
Correlation
The correlation between NVCR and GLW is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVCR vs. GLW - Performance Comparison
Key characteristics
NVCR:
0.69
GLW:
1.25
NVCR:
1.76
GLW:
1.82
NVCR:
1.20
GLW:
1.26
NVCR:
0.60
GLW:
0.72
NVCR:
2.01
GLW:
4.88
NVCR:
28.24%
GLW:
8.76%
NVCR:
82.30%
GLW:
34.35%
NVCR:
-95.07%
GLW:
-99.02%
NVCR:
-91.78%
GLW:
-41.45%
Fundamentals
NVCR:
$1.98B
GLW:
$36.82B
NVCR:
-$1.68
GLW:
$0.60
NVCR:
-0.47
GLW:
0.42
NVCR:
3.27
GLW:
2.81
NVCR:
5.50
GLW:
3.45
NVCR:
$466.72M
GLW:
$10.14B
NVCR:
$363.23M
GLW:
$3.27B
NVCR:
-$70.91M
GLW:
$1.70B
Returns By Period
In the year-to-date period, NVCR achieves a -37.75% return, which is significantly lower than GLW's -7.13% return.
NVCR
-37.75%
-1.17%
13.32%
50.32%
-24.07%
N/A
GLW
-7.13%
-10.43%
-5.16%
42.88%
19.65%
9.95%
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Risk-Adjusted Performance
NVCR vs. GLW — Risk-Adjusted Performance Rank
NVCR
GLW
NVCR vs. GLW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NovoCure Limited (NVCR) and Corning Incorporated (GLW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NVCR vs. GLW - Dividend Comparison
NVCR has not paid dividends to shareholders, while GLW's dividend yield for the trailing twelve months is around 2.55%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NVCR NovoCure Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GLW Corning Incorporated | 2.55% | 2.36% | 3.68% | 3.38% | 2.58% | 2.44% | 2.75% | 2.38% | 1.94% | 2.22% | 2.63% | 1.74% |
Drawdowns
NVCR vs. GLW - Drawdown Comparison
The maximum NVCR drawdown since its inception was -95.07%, roughly equal to the maximum GLW drawdown of -99.02%. Use the drawdown chart below to compare losses from any high point for NVCR and GLW. For additional features, visit the drawdowns tool.
Volatility
NVCR vs. GLW - Volatility Comparison
NovoCure Limited (NVCR) has a higher volatility of 20.65% compared to Corning Incorporated (GLW) at 18.17%. This indicates that NVCR's price experiences larger fluctuations and is considered to be riskier than GLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVCR vs. GLW - Financials Comparison
This section allows you to compare key financial metrics between NovoCure Limited and Corning Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities